CryptoQuant: The crypto market may still be in the early stages of a bull run, and the true rally may have not yet begun.

On October 27, CryptoQuant community analyst Crypto Dan posted that historically, when the share of Bitcoin held on-chain for over 18 months first rises and then begins to decline, a strong bull run typically follows. The market has currently shifted into a bullish cycle, but this signal has not yet emerged, indicating that the rally may still be in its early stages. He also pointed out that the majority remain unengaged with crypto investments, and even those with interest are largely watching from the sidelines. As the market is not yet overheated, optimism can be maintained regarding future upside potential and the duration of the trend.